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where does this leave embattled house speaker john boehner? reed wilson is editor-in-chief for national journal's hotline. thank you both for being here today. ryan, let's talk about what we'll see in the house. do you expect a full scale revolt from conservative members who vowed to vote against any tax increase? >> well, i don't know. we'll find out early this afternoon. what i'm hearing is that the conservative members have three major problems with the bill that came over from the senate. one is that there are no spending cuts included. two is that they don't believe that the offsets for the sequester are legitimate. they think this i.r.a. to roth i.r. as is bogus and three they don't think the extension of emergency unemployment is unpaid for. so they're going to be pushing to amend it one way or another. they'll be pushing to add spending cuts to it or maybe some type of pay for unemployment or redoing the way the sequester is paid for. if they do that, and if they do it in a kind of poison pill way and send it back to the senate, the se
where does this leave embattled house speaker john boehner? reed wilson is editor-in-chief for national journal's hotline. thank you both for being here today. ryan, let's talk about what we'll see in the house. do you expect a full scale revolt from conservative members who vowed to vote against any tax increase? >> well, i don't know. we'll find out early this afternoon. what i'm hearing is that the conservative members have three major problems with the bill that came over from the...
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Dec 27, 2012
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the senate majority leader harry reid and john boehner exchange harsh words. the fiscal cliff in just five days and still no deal. the winter storm that slammed the south is now stranding thousands of travelers in the northeast and beyond. that is coming up. >>> and the russian president vladimir putin says he will sign a bill banning americans from adopting russian children. that's all ahead unless breaking news changes everything on "studio b." i'm trace gallagher in for shepard smith. first from fox at 3:00, back to work in washington, d.c. with less than five days to go before falls right off the fiscal cliff. the senate back in session today and it's the first time the senate or house has met for business between christmas and new year's in more than four decades. president obama cut his hawaii trip short arriving in washington early today. for now, the house of representatives is not in session but we've learned those lawmakers are set to return this weekend. today the senate majority leader, harry reid, says we've just about run out of time. >> if we go
the senate majority leader harry reid and john boehner exchange harsh words. the fiscal cliff in just five days and still no deal. the winter storm that slammed the south is now stranding thousands of travelers in the northeast and beyond. that is coming up. >>> and the russian president vladimir putin says he will sign a bill banning americans from adopting russian children. that's all ahead unless breaking news changes everything on "studio b." i'm trace gallagher in for...
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Dec 27, 2012
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in order for that to happen john boehner basically has to agree that he's going to get a deal out of house with majority democrat votes, and i don't see why he does that before january 3rd. >> you're assuming the president has all the leverage, and i think the president would have a horrible legacy starting out with such turmoil, so i disagree. i think there's movement on the white house side on entitlements. >> rick, you do have to accept the fact that john boehner -- goes for the deal with democratic votes. >> he's about as acrimonious and able to get a deal done as sir harry reid. >> jared -- >> bottom lines, look at the vix, at 20, barely into anything. the market is clearly saying it doesn't care. hey, listen. i run my clients' money looking at the vix with my left eye, but 20, give me a break. you've got to thrill me above 30, above 35 before any of this has anything other than very interesting. >> if we get a deal, say sunday night we get a deal, right, do the markets rally, or does it depend on what the deal consists of? >> secretly, they are going to sell off on the news. do
in order for that to happen john boehner basically has to agree that he's going to get a deal out of house with majority democrat votes, and i don't see why he does that before january 3rd. >> you're assuming the president has all the leverage, and i think the president would have a horrible legacy starting out with such turmoil, so i disagree. i think there's movement on the white house side on entitlements. >> rick, you do have to accept the fact that john boehner -- goes for the...
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Dec 29, 2012
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after the election john boehner got criticism even from my party saying look, mr. president we will meet you halfway and give you the $800 billion in revenue and the president doubles the number. then last week he said all right let's try and get as many after hostages out alive and try as keep taxes from going up and we couldn't get a single democrat to join with us on a single bill introduced this summer which was saving all taxpayers a million dollars and below from the tax rates going on. not a single democrat would join with us. this didn't a problem of two well intentioned negotiators not able to come up with a deal. this is the house having to negotiate with itself and the president who i believe is beginning to show his cards which is someone who doesn't really want to deal, who for whatever reason believes that it is to his political benefit or are a potential gain for us to go over this cliff to try and make us look obstinate in the house. >> greta: i have the president's statements so i will pick on him. he says i had a good and constructive discussion h
after the election john boehner got criticism even from my party saying look, mr. president we will meet you halfway and give you the $800 billion in revenue and the president doubles the number. then last week he said all right let's try and get as many after hostages out alive and try as keep taxes from going up and we couldn't get a single democrat to join with us on a single bill introduced this summer which was saving all taxpayers a million dollars and below from the tax rates going on....
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Dec 26, 2012
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the leader, speaker john boehner and the approval rating is lower than speaker pelosi. who is a vampire. 51% boehner unfavorable. juan, you said people say boehner is safe and i have been hearing opposite. i like boehner. tough situation. trying to herd cats. i don't agree what we did the other day to put a bill on the floor he doesn't have support for. but you think he won't hold on. >> juan: i think he will hold on. i don't think there is enough time before january 3 to line up. what happened to john boehner, my gosh, they -- his troops abandoned him. >> andrea: mccarthy is the whip. he should know how many works he has. >> juan: he works for boehner. >> kimberly: but he goes back -- it was a mess. >> juan: the dynamic didn't make sense. this goes back to what eric said. he, what everybody on the far right side why am i not going to put a vote in place not coming to reality. there >> exactly. no way, true conservative doesn't want taxes to go up. >> juan: but this is where we differ. negotiate and compromise if you care about the country and the economy at some point.
the leader, speaker john boehner and the approval rating is lower than speaker pelosi. who is a vampire. 51% boehner unfavorable. juan, you said people say boehner is safe and i have been hearing opposite. i like boehner. tough situation. trying to herd cats. i don't agree what we did the other day to put a bill on the floor he doesn't have support for. but you think he won't hold on. >> juan: i think he will hold on. i don't think there is enough time before january 3 to line up. what...
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you gave your bletszing ing bl proposal that john boehner put forward. so many congressional republicans are scared of voting for something that feels like, looks like, smells like a tax increase because they're worried your organization will come back to haunt them because you signed a pledge. you gave your blessing and they still couldn't get the votes on the floor. what's up with that? why did that not happen? a week ago i was hopeful we might have a deal. >> okay. because the pledge is not to me. it's to the american people. it's to the people of the state that any congressman or senator is from. they have to feel that they can go to their constituents and say i voted against all efforts to raise taxes. i argued having read the boehner plan, it was silent on the taxing people who make more than a million dollars, it made permanent as opposed to obama who wants to just protect you for a year, he made permanent the tax cuts for people who made less than $250,000 a year, actually a million dollars a year. and as a result, it was a giant step towards pro
you gave your bletszing ing bl proposal that john boehner put forward. so many congressional republicans are scared of voting for something that feels like, looks like, smells like a tax increase because they're worried your organization will come back to haunt them because you signed a pledge. you gave your blessing and they still couldn't get the votes on the floor. what's up with that? why did that not happen? a week ago i was hopeful we might have a deal. >> okay. because the pledge...
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but eventually having to take place and then of course john boehner would have to sell house republicans on the fact that there may not be extension of cuts and they are going to be tax increases. >> exactly. and if you think of the alternative here, if liberal democrats don't like where the threshold is, they sit on their hands and get what they want and more and more. and you have a tax increase basically up and down the income spectrum. on the other the other side of the house republicans were saying, if we don't get enough spending cuts, and just let the sequester head. it is set to hit over the next decade beginning in just a few hours from now. get your spending cuts by doing nothing. your tax increases by doing nothing. so there's a little bit of something for everyone here. gerri: as we start to wrap up, did the republicans in giving to the tax increases, did they give enough? or are the democrats who didn't want increases on anybody, they one of the line at 250,000. do they pose a real threat to the steel? >> i think that you have a protection of americans least under 250. and i
but eventually having to take place and then of course john boehner would have to sell house republicans on the fact that there may not be extension of cuts and they are going to be tax increases. >> exactly. and if you think of the alternative here, if liberal democrats don't like where the threshold is, they sit on their hands and get what they want and more and more. and you have a tax increase basically up and down the income spectrum. on the other the other side of the house...
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Dec 28, 2012
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john boehner plan "b" making $1 million. this looked like president obama coming back with the same deal at 250. they are miles apart. >> kimberly: you were able to speak to people on the hill. what was your reaction? >> andrea: the president spread the stories that he will come to the table with a deal. swan dive off the fiscal cliff, hold your nose. we're going off. president obama wants to us go off hecht will come back with a largeer plan. the obama tax cut. then he will be able to reintate across-the-board sequestration cuts. 8.2% across the board. cut defense and health. they will be able to reintate a lot of programs and give his caucus the opportunity to say look, i am voting for something. i am voting to restore tax cuts for the middle class. voting to restore great thin things. republicans are in a tough position. no one will say vote to restore the tax cut for rich. this is his game plan from day one. >> eric: what is the a terptive? $250,000 and above? we see obama not oftenning cuts at all. looking for spending.
john boehner plan "b" making $1 million. this looked like president obama coming back with the same deal at 250. they are miles apart. >> kimberly: you were able to speak to people on the hill. what was your reaction? >> andrea: the president spread the stories that he will come to the table with a deal. swan dive off the fiscal cliff, hold your nose. we're going off. president obama wants to us go off hecht will come back with a largeer plan. the obama tax cut. then he...
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john boehner said it's up to the president and harry reid so are both sides standing at the precipice waiting for each other to make the next move. >> not really. it really is all up to john boehner to decide whether he wants to bring this vote to the house floor. if he doesn't, i would put on either your cliff bungee cord or your cliff parachute and that's actually an important difference. >> we would like a bungee cord and a parachute. >> right. >> but i would like to know maybe we have neither. what do you think happens to the market, matt, in either scenario, deal or no deal? >> i can't imagine we're going to get a deal done with any significance. you know, they are probably going to change it as we go forward so maybe they will let us go over the cliff, the market will crash a little bit. i don't want to say crash as in crash but we could retrace some of the gains and a rough start to 2013 until they finally realize that maybe the large-cap companies could be leading us through the rallies. maybe it will take the stocks back up the latter half of 2013, first quarter. >> oliver, w
john boehner said it's up to the president and harry reid so are both sides standing at the precipice waiting for each other to make the next move. >> not really. it really is all up to john boehner to decide whether he wants to bring this vote to the house floor. if he doesn't, i would put on either your cliff bungee cord or your cliff parachute and that's actually an important difference. >> we would like a bungee cord and a parachute. >> right. >> but i would like to...
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Jan 1, 2013
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john boehner needs to take this deal struck in the senate that presumably has some buy in from him if not from his rank and file, because mitch mcconnell did not negotiate this is a vacuum and this is a pretty overwe will being vote. he will take this to his conference today and see where they are at. the expectation is there are two directions this could go. either a vote on the bill or house republicans propose changes so they can amend the bill more to their liking and send it back to the senate. but i think this is expected to move along here. >> there could be amendments, one past, they could vote on amendments, could fail, and then vote on the full measure. isn't that true also? >> yeah, that is true, and the other thing is once anything goes to the floor, it's not just up to republicans, it will -- and the think the expectation all along, whatever ultimately passes the house as we saw in the senate will require democrats and republicans. >> talking to phil gingery, seemed to be leaning no on this. but this time, secretary bamr. doesn't need all of the votes. >> and even though
john boehner needs to take this deal struck in the senate that presumably has some buy in from him if not from his rank and file, because mitch mcconnell did not negotiate this is a vacuum and this is a pretty overwe will being vote. he will take this to his conference today and see where they are at. the expectation is there are two directions this could go. either a vote on the bill or house republicans propose changes so they can amend the bill more to their liking and send it back to the...
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Dec 28, 2012
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john boehner is not going to roll over and do whatever they want. we're going to play this over and over and over again, not just on the debt ceiling but when government spending runs out. >> to mr. haven, my son's great english teacher, they haven't gotten anything done yet. eamon. thank you. >> michelle, the london whale the big headlinen2012. will the orlando whale make a big splash in 2013. just imagine, you may be able to get a piece of shamu. the story next on "power lunch." >>> this cnbc program is sponsored by the lincoln wish list event. when you have diabetes... your doctor will say get smart about your weight. that's why there's glucerna hunger smart shakes. they have carb steady, with carbs that digest slowly to help minimize blood sugar spikes. [ male announcer ] glucerna hunger smart. a smart way to help manage hunger and diabetes. >>> take a look at your screen right now. mother nature really dumping snow on our neighbors to the north. they generally handle snow pretty well up in canada, but this storm came as fast and furious tying u
john boehner is not going to roll over and do whatever they want. we're going to play this over and over and over again, not just on the debt ceiling but when government spending runs out. >> to mr. haven, my son's great english teacher, they haven't gotten anything done yet. eamon. thank you. >> michelle, the london whale the big headlinen2012. will the orlando whale make a big splash in 2013. just imagine, you may be able to get a piece of shamu. the story next on "power...
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Dec 27, 2012
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boehner elected speaker, later that week or the next week, that's my guess having observed it several years. sometime january 10th, let's say, to pull a date out of the air, a thursday. anyway, i have no crystal ball. >> no offense. >> no pun intended, right? >> yes. but actually -- i do have one. back to you. let's quit while i'm behind. >> peter, you want to place any bets and get in on the pool there? >> reporter: as long as it's not cash on the table, we might as well. i'm thinking this thing has to happen by the same week, i think a couple of days before mike mentioned but i think that's when it's likely to happen and clear this is as mike noted all about principles right now. >> i do want to quickly on the next issue coming down the pike, the debt ceiling as mike noted, that's set to expire. they can sort of extend it moving money around but i thought bernstein had an interesting take on how the president may approach the debt ceiling. you either negotiate with terrorists or you don't. i take the president at his word that it's "b." how do you think the president will approach t
boehner elected speaker, later that week or the next week, that's my guess having observed it several years. sometime january 10th, let's say, to pull a date out of the air, a thursday. anyway, i have no crystal ball. >> no offense. >> no pun intended, right? >> yes. but actually -- i do have one. back to you. let's quit while i'm behind. >> peter, you want to place any bets and get in on the pool there? >> reporter: as long as it's not cash on the table, we might...
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>> i think if they made progress at the meeting today and if mitch mcconnell and john boehner decide to take the risk of t advancing this with their members they could vote sunday or monday and it is possible to get done before january first. nobody is betting on this at this point and everybody's omt michel has been sorely tested by the lack of movement over the last week or so but just in the last few hours there is some movement toward the possibility of the deal. >> thanks so much for the very latest there john down in d.c. for us watching the action there. stocks moved off their lows on news of the new offer for the president. we're still setting up for the biggest weekly loss for the stock market in some six weeks. we're trading today with the najarian brothers, mike murphy, and steven wieis. we are moving closer to a deal according to john harwood's reporting. what do you do with the market today? >> i don't think you do anything based on those headlines. where you want to continue to be is high quality names and ride it out. if you see prices come your way in specific stocks
>> i think if they made progress at the meeting today and if mitch mcconnell and john boehner decide to take the risk of t advancing this with their members they could vote sunday or monday and it is possible to get done before january first. nobody is betting on this at this point and everybody's omt michel has been sorely tested by the lack of movement over the last week or so but just in the last few hours there is some movement toward the possibility of the deal. >> thanks so...
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Dec 31, 2012
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a huge moment before the holidays where john boehner was unable to bring his bill up. what is the mood in the house, both democrats and republicans? are you guys just playing wait-and-see? do you have an expectation that if the senate passes something, the house is at least going to take it up? >> well, that has to happen, as you just said, in order to get this done. the house not only would have to take up an agreement that came out of the senate, obviously, we'd need a majority vote, republicans joining with democrats to get something done, which is why as the senators and the white house negotiate this deal, they do have to keep an important eye on the house, because ultimately, you're going to have to have people come together in a bipartisan way to get this done. you're not going to be able to get an agreement passed with just republicans. and so, it's important that they keep in mind the coalition of democrats and republicans that will have to come together to vote for something. >> now, congressman, obviously, let's say something passes through the senate. the g
a huge moment before the holidays where john boehner was unable to bring his bill up. what is the mood in the house, both democrats and republicans? are you guys just playing wait-and-see? do you have an expectation that if the senate passes something, the house is at least going to take it up? >> well, that has to happen, as you just said, in order to get this done. the house not only would have to take up an agreement that came out of the senate, obviously, we'd need a majority vote,...
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Jan 1, 2013
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house speaker john boehner met with house republicans for an hour and a half today. he didn't share his opinion of the bill but many other republicans like alabama's spencer bachus did. >> the senate bill failed miserably in cutting spending. >> reporter: michael conaway of texas. >> i'm unwilling to gag down a deal that is unacceptable. >> reporter: even the number two house republican, virginia's eric cantor, said he could not support the bill in its current form-- despite the fact that it passed the senate at 2:00 this morning with huge bipartisan support. >> the yays are 89, the nays are 8. >> reporter: the bill is the product of the intense last-minute negotiation between senate majority leader mitch mcconnell and vice president joe biden. it contains no major cuts partly because the speaker himself pulled out of talks with the president last month over a grand bargain that would have cut nearly a trillion dollars in spenting. we asked louisiana republican john fleming about that. this bill makes a lot of tax cuts that republicans like permanent. why not claim v
house speaker john boehner met with house republicans for an hour and a half today. he didn't share his opinion of the bill but many other republicans like alabama's spencer bachus did. >> the senate bill failed miserably in cutting spending. >> reporter: michael conaway of texas. >> i'm unwilling to gag down a deal that is unacceptable. >> reporter: even the number two house republican, virginia's eric cantor, said he could not support the bill in its current form--...
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it was speaker john boehner who walked away from a 4 trillion-dollar deal. indeed boehner may have a trouble selling a final deal to republicans after he revealed tax hikes had to be cull peld with spending cuts. >> washington has a spending problem that can't be fixed with tax increases alone. >> the other major hurdle is shutting off the sequester especially after this vow in the final presidential debate. >> it will not happen. >> today republicans accused the president of moving the goal post by suggesting more tax increases are needed to stop the massive cuts aimed at the pentagon and elsewhere. >> revenues have to be part of the equation in turning off the sequester. >> there is some real anger brewing tonight on the left about proposed deal. even rich trumka the evidence the afl-cio head of organized labor it's not a good fiscal cliff deal if it gives more tax cuts to the 2% and sets the stage for more hostage taking. he is referring to the debt ceiling debate that's coming early next year. goes on to tweet republican's fiscal cliff double think fisca
it was speaker john boehner who walked away from a 4 trillion-dollar deal. indeed boehner may have a trouble selling a final deal to republicans after he revealed tax hikes had to be cull peld with spending cuts. >> washington has a spending problem that can't be fixed with tax increases alone. >> the other major hurdle is shutting off the sequester especially after this vow in the final presidential debate. >> it will not happen. >> today republicans accused the...
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Dec 27, 2012
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and these idiots from harry reid to the president on top and john boehner included, i'm equal opportunity, it's horrible. >> we heard the same thing at the end of 2011 europe would spill to theist and the u.s. consumer was changing their habits. i'd like to point out the discretionary consumer is the second best in the market this year, 21%. any whoever made a bet against the u.s. consumer -- >> what kind of pullback are we talking about? if you guys like the market through the early part of 2013 -- >> i don't like it in january, judge, for what i just mentioned because we will see tax laws selling. we have not seen. we have seen gains selling, people taking gains. when they start taking these loss and when all the rest of this stuff kicks in, that's when i worry these guys will make an even worse deal in panic in january. >> let's go to our guests. what is the best way to protect your money with the cliff deadline a few days away, jason pride, director of glenn me. how are you doing? how do you perceive the markets with a couple days of trade iin left? >> i kind of agree with the conster
and these idiots from harry reid to the president on top and john boehner included, i'm equal opportunity, it's horrible. >> we heard the same thing at the end of 2011 europe would spill to theist and the u.s. consumer was changing their habits. i'd like to point out the discretionary consumer is the second best in the market this year, 21%. any whoever made a bet against the u.s. consumer -- >> what kind of pullback are we talking about? if you guys like the market through the...
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will jo john boehner then allow that same piece of legislation to come up up ffor a vote in the h of representatives or not? will there be any changes required by the house of representatives? then there's a conference committee and it has to go back to the senate. there could be a delay. if they want to do this quickly, though, and there's some assumption that they want to do it quickly, it looks like they will be able to do it. here comes the president right now. >> thank you. please, everybody have a seat. well, good afternoon, everybody. welcome to the white house. >> nau fthank you for having us. >> now, i realize that the last thing you want to hear on new year's eve is another speech from me, but i do need to talk about the progress that's being made in congress today. for the last few days, leaders in both parties have been working toward an agreement that will prevent a middle class tax hike from hitting 98% of all americans starting tomorrow. preventing that tax hike has been my top priority, because the last thing folks like the folks up here on this stage can aafford righ
will jo john boehner then allow that same piece of legislation to come up up ffor a vote in the h of representatives or not? will there be any changes required by the house of representatives? then there's a conference committee and it has to go back to the senate. there could be a delay. if they want to do this quickly, though, and there's some assumption that they want to do it quickly, it looks like they will be able to do it. here comes the president right now. >> thank you. please,...
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for house speaker john boehner to agree to bring it to a vote on the house floor, and leader nancy pelosi to produce the huge number of democrats needed to pass it. but if that plan falls through -- >> then i will urge senator reid to bring to the floor a basic package for an up or down vote. >> the president's basic package has much more for democrats to like. so don't expect that to get very far. but all sides now agree the senate must first pass a bill before the house makes any kind of move. so all eyes will be on mitch mcconnell and harry reid and their negotiators holed up on capitol hill. the senate comes back into session at 1:00 on sunday. >> jessica yellin, thanks. >>> and with the pressure now squarely on the senate to fix the fiscal cliff, they will lead the talks this weekend. a period of time reid calls, quote, very important, mcconnell says he's hopeful both sides will have a plan to present to their respective members as early as tomorrow. and other republican and democratic senators are underscoring the importance of reaching an agreement soon. >> if we don't have a deal
for house speaker john boehner to agree to bring it to a vote on the house floor, and leader nancy pelosi to produce the huge number of democrats needed to pass it. but if that plan falls through -- >> then i will urge senator reid to bring to the floor a basic package for an up or down vote. >> the president's basic package has much more for democrats to like. so don't expect that to get very far. but all sides now agree the senate must first pass a bill before the house makes any...
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there is a certain risk here, bill cunningham. >> i think my friend john boehner, he has become an institutionalist. a dennis hastert kind of a speaker instead of newt gingrich. not a revolutionary. not a member of the tea party. he wants a deal so he can talk later on about getting elected. this is the way boehner gets reelected as speaker. this is the way that obama wins injuries the media will declare him the winner. this is the way the republicans in the house get out of this box because they are going to vote no, not be primaried and then the train is on the track and sadly i think what is going to happen, sean hannity is the predictions of ernst and young and the cbo is between 250,000 and 700,000 private sector jobs lost because of this deal and that will be hung around the neck of barack hussein obama. >> you are saying bill cunningham that the people not being considered here are the american people. >> us. >> sean: washington is failing america at this moment because on top of it, they are not dealing with the real problem. >> no. >> sean: and all this discussion. >> sean, bill is right.
there is a certain risk here, bill cunningham. >> i think my friend john boehner, he has become an institutionalist. a dennis hastert kind of a speaker instead of newt gingrich. not a revolutionary. not a member of the tea party. he wants a deal so he can talk later on about getting elected. this is the way boehner gets reelected as speaker. this is the way that obama wins injuries the media will declare him the winner. this is the way the republicans in the house get out of this box...
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john boehner can't. he just can't pass a bill off his floor with a majority democrats and 20 republicans. >> the house already voted to extend all of the bush tax cuts. >> and the senate -- >> house leaders are right to say the ball is in the senate's court. until they act we can't know -- what kind of deal we come up with. >> the ball is always in the senate's court. that's how it works. >> you are both argue being process. here is what i don't understand. i stay to democrats that come on, what p the republicans voted to extend taxes on everybody that you want, would you means test social security and medicare? the vast majority say oh, no, no, no, no. >> not this democrat. i would absolutely support it. >> unfortunately you are not in congress. >> you are right. >> i talked to republicans. i said, listen, if tomorrow the democrats had an epiphany and decided representative ryan planes for making medicare a voucher system were the best thing to do, would you vote to raise taxes on millionaires and have
john boehner can't. he just can't pass a bill off his floor with a majority democrats and 20 republicans. >> the house already voted to extend all of the bush tax cuts. >> and the senate -- >> house leaders are right to say the ball is in the senate's court. until they act we can't know -- what kind of deal we come up with. >> the ball is always in the senate's court. that's how it works. >> you are both argue being process. here is what i don't understand. i stay...
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that's going to be very politically dangerous for john boehner in the house. that's the bottom line. >> juliet: i know you are getting a lot of tweets. mine is like i blame, this i blame that guy. it's interesting to hear what you guys have to say about that first, let's go to peter doocy. what happens this weekend as far as negotiations are concerned? mr. doocy standing by in washington. hello, pete. >> dave: hello peter. >> hello juliet, dave and clayton. we have been told about meetings about ways to avoid the fiscal cliff. not sure how they are going to hammer out details in the house. the principle negotiators. the leadership from both parties could be brought in later in the day. president obama has said, he said yesterday that if those leaders and those congressional negotiators cannot figure out how to compromise, then is he going to tell the senate just to vote anyways because he thinks with an up or down vote, senators with a support the plan that is already out there. the main hold up with the deal so far has been a fight over who should be classifi
that's going to be very politically dangerous for john boehner in the house. that's the bottom line. >> juliet: i know you are getting a lot of tweets. mine is like i blame, this i blame that guy. it's interesting to hear what you guys have to say about that first, let's go to peter doocy. what happens this weekend as far as negotiations are concerned? mr. doocy standing by in washington. hello, pete. >> dave: hello peter. >> hello juliet, dave and clayton. we have been told...
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could speaker john boehner be at risk of losing his position? at 10:00 we'll xl our washington panel. >>> one last look at headlines coming up next. can tow up to 9,600 pounds? 315 horsepower. what's that in reindeer-power? [ laughs ] [ pencil scratches ] [ male announcer ] chevy's giving more. now through january 2nd, no monthly payments until spring for qualified buyers. get the silverado for 0% apr financing for 60 months plus $1,000 holiday bonus cash. plus trade up for an additional $1,000 trade-in allowance. trust duracell to power their donated toys? duralock power preserve. it locks in power for up to 10 years in storage. guaranteed. duracell with duralock. trusted everywhere. >>> basically going out and spending on oysters and salmon and champagne. and here, the most beautiful in the world, traffic will be completely closed down. so that hundreds of thousands of people can forget about the old here and celebrate the new. happy new year from cnn paris. i found a powerful new way to cut out arthritis pain. [ male announcer ] icy hot arthr
could speaker john boehner be at risk of losing his position? at 10:00 we'll xl our washington panel. >>> one last look at headlines coming up next. can tow up to 9,600 pounds? 315 horsepower. what's that in reindeer-power? [ laughs ] [ pencil scratches ] [ male announcer ] chevy's giving more. now through january 2nd, no monthly payments until spring for qualified buyers. get the silverado for 0% apr financing for 60 months plus $1,000 holiday bonus cash. plus trade up for an...
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the question is whether it can pass on the house side under the leadership of speaker john boehner. i've talked to a couple of republicans this morning who are fairly optimistic that whatever comes out of the senate, whatever that deal is, it will pass the house this afternoon. although hard-core republican anti-tax folks are not going to vote for it. it still would likely have enough votes to pass. that's at least the mood of some folks i'm talking to today. guys, one of the big questions that's unresolved here was raised on a conference call with ceos arranged by the white house on friday night, on that white house conference call with ceos. one of the ceos asked tim geithner, i'm told by a participant on the call, whether a small deal would be enough to are prevent ratings agencies to downgrade u.s. debt. i'm told by this person on the call that the administration's response to that, they think a small deal would in fact be enough, but they wouldn't speak for the ratings agency. still a big unknown hanging out there, guys. >> and we know about some of the tough conversations we'l
the question is whether it can pass on the house side under the leadership of speaker john boehner. i've talked to a couple of republicans this morning who are fairly optimistic that whatever comes out of the senate, whatever that deal is, it will pass the house this afternoon. although hard-core republican anti-tax folks are not going to vote for it. it still would likely have enough votes to pass. that's at least the mood of some folks i'm talking to today. guys, one of the big questions...
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house speaker john boehner wanted it much higher at about a million dollars. this is somewhere in between. also, an extension of the unemployment insurance benefits. they're still hashing out some of the final details but it does appear as though the vice president was key in helping these negotiations to move forward. >> the negotiations go on there, kristen, we are watching the senate floor as they discuss the very details of that and debate it. keith, to you on this. political pointing out, biden's inclusion sets up a good cop/bad cop xen arroyo here among the democrats with the vice president and senator harry reid, those particular characters if you will in these negotiations. and was said by kristen that vice president -- the vice president and mitch mcconnell spoke at 12:45 a.m. and again this morning at 6:30 a.m. how do democrats use the good cop/bad cop to their advantage? >> i think the democrats have some sort of unanimity, not complete unanimity of opinion about the tax increase issue. the exact number i think is an area of negotiation that democra
house speaker john boehner wanted it much higher at about a million dollars. this is somewhere in between. also, an extension of the unemployment insurance benefits. they're still hashing out some of the final details but it does appear as though the vice president was key in helping these negotiations to move forward. >> the negotiations go on there, kristen, we are watching the senate floor as they discuss the very details of that and debate it. keith, to you on this. political pointing...
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but there's someone noticeably absent and that is speaker john boehner. where is he? and has he been benched sort of in this process? >> he was here at the capitol this morning. our producer on capitol hill reports he was meeting with his chief of staff. we don't know the what they were talking about. he was here at the capitol. only he and senator mcconnell have been here today. you know, i think the situation is such that after speaker boehner lost that vote, and there is walking in from earlier in the week, after speaker boehner lost the vote in his own caucus in the house, it was clear and he even said as much, that the senate needed to act. that's for a couple of reasons. one, the senate has that 60-vote threshold to get anything through and conservativives in the house want cover, they don't want to pass something and have it run into trouble in the senate because they would be sticking their neck out to some degree especially those conservatives or republicans worried about a tea party challenge next time around. so for a lot of reasons, everything has to start
but there's someone noticeably absent and that is speaker john boehner. where is he? and has he been benched sort of in this process? >> he was here at the capitol this morning. our producer on capitol hill reports he was meeting with his chief of staff. we don't know the what they were talking about. he was here at the capitol. only he and senator mcconnell have been here today. you know, i think the situation is such that after speaker boehner lost that vote, and there is walking in...
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boehner should not have walked away from the 4 trillion-dollar debt deal that he was negotiating with the president in weekend weeks. that had significant spending cuts as well as the tax increases, trace. >> trace: we talk a lot about the taxes, ed, but what about those spending cuts, ed? >> the ones in terms of entitlement reform that's off the table until later next year apparently. in terms of the short-term, those automatic cuts known as sequestration that would hit the pentagon hard, some other domestic programs as well. that's the biggest stumbling block tonight to a deal. lindsey graham was on "fox news sunday" yesterday. he said he spoke to defense secretary leon panetta over the weekend. he had real concerns that these pentagon cuts will be devastating. take a listen. >> he says if we do this it will be shooting the defense department in the head and we'll have to send out 800,000 layoff notices the beginning of the year. he is worried to death that if we don't fix sequestration we are going to destroy the finest military in the world at the time we need it the most. >> the
boehner should not have walked away from the 4 trillion-dollar debt deal that he was negotiating with the president in weekend weeks. that had significant spending cuts as well as the tax increases, trace. >> trace: we talk a lot about the taxes, ed, but what about those spending cuts, ed? >> the ones in terms of entitlement reform that's off the table until later next year apparently. in terms of the short-term, those automatic cuts known as sequestration that would hit the...
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house speaker john boehner, minority leader nancy pelosi, senate majority leader harry reid and mitch mcdonnell who have a collective 100 years legislating between them will be meeting with the president soon. . they have carb steady, with carbs that digest slowly to help minimize blood sugar spikes. [ male announcer ] glucerna hunger smart. a smart way to help manage hunger and diabetes. we believe the more you know, the better you trade. so we have ongoing webinars and interactive learning, plus, in-branch seminars at over 500 locations, where our dedicated support teams help you know more so your money can do more. [ rodger ] at scottrade, seven dollar trades are just the start. our teams have the information you want when you need it. it's another reason more investors are saying... [ all ] i'm with scottrade. omnipotent of opportunity. you know how to mix business... with business. and you...rent from national. because only national lets you choose any car in the aisle. and go. you can even take a full-size or above. and still pay the mid-size price. i could get used to this. [ m
house speaker john boehner, minority leader nancy pelosi, senate majority leader harry reid and mitch mcdonnell who have a collective 100 years legislating between them will be meeting with the president soon. . they have carb steady, with carbs that digest slowly to help minimize blood sugar spikes. [ male announcer ] glucerna hunger smart. a smart way to help manage hunger and diabetes. we believe the more you know, the better you trade. so we have ongoing webinars and interactive learning,...
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house speaker john boehner said, quote, americans elected president obama to lead, not cast blame. the president's comments to be are ironic as a theme of our negotiations was his unwillingness to agree to anyone that requires him to stand up to his own party. brad blakeman, former deputy assistant to george w. bush, debby dingle from mish michigan to talk about us. deb y the timing of the president's interview seems a bit like taunting. was that the point or something else? >> i don't think it was taunting and i think you continue to see the president throughout the day say we've do the to try to negotiate to get ourself an answer. he has worked and worked with republicans trying to find a solution. i think everybody agrees, i pray everybody agrees, democrats and republicans alike, that not solving this and doing over the fiscal cliff is not an option. that means everybody has to give. etches stating a -- he was stating a fact and reinforced all day today he's working towards finding a solution. >> brad, are the republicans having a sour grapes because they didn't take to the airw
house speaker john boehner said, quote, americans elected president obama to lead, not cast blame. the president's comments to be are ironic as a theme of our negotiations was his unwillingness to agree to anyone that requires him to stand up to his own party. brad blakeman, former deputy assistant to george w. bush, debby dingle from mish michigan to talk about us. deb y the timing of the president's interview seems a bit like taunting. was that the point or something else? >> i don't...
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if there are going to be the spending cuts, that what we want to hear, john boehner. he's the adult in the room right now, guys and is looking like the bad guy because we have to stop the spending cuts. hitting the ceiling on the debt ceiling by monday. $16.3 trillion. you can't put a band-aid on this and suspect everything is going to be great and have howie mandel say deal or no deal. not good for the overall markets or economy. >> it's clear that revenue is not on the table. >> what do you do, run for the s? panic is not an investment strategy. give us some good advice. >> this is a headline-driven market, so if there is any type of positive news out of washington, look for stocks to act positively. realistically you want to be in treasuries. cash or treasuries. only with the help from ben bernanke and company. >> thank you, guys. >> we'll keep an eye on that, too, as a matter of fact. thank you, guys. we'll see you later and wall street is throwing in the towel as we head towards the close. apparently fewer people want to be long going into the weekend. the dow no
if there are going to be the spending cuts, that what we want to hear, john boehner. he's the adult in the room right now, guys and is looking like the bad guy because we have to stop the spending cuts. hitting the ceiling on the debt ceiling by monday. $16.3 trillion. you can't put a band-aid on this and suspect everything is going to be great and have howie mandel say deal or no deal. not good for the overall markets or economy. >> it's clear that revenue is not on the table. >>...
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house speaker john boehner was here at the capitol. we're still trying to sort out exactly why he was here, but he wasn't here for very long, it seems. he left in the last hour. also, we were able to see some of senator mcconnell's staffers. i was able to speak to one of them coming in and out of these kind of closed-door planning meetings. he said they've been here since 9:00 a.m. they plan to work all day and we may see his boss, senator mcconnell, later today. that shows us kind of where things stand. i wanted to break this down simply because there's so much that complicates the story. let's look really quickly at a graphic of the basics, what's happening right now. here's where we stand with the fiscal cliff. first of all, who's doing the negotiating? ice the top two senators, senator reid for the democrats, senator mcconnell for the republican, and it is their staff who are working out details right now. what are they talking about? mainly trying to find a way to avoid those tax hikes for most americans. that could also include a
house speaker john boehner was here at the capitol. we're still trying to sort out exactly why he was here, but he wasn't here for very long, it seems. he left in the last hour. also, we were able to see some of senator mcconnell's staffers. i was able to speak to one of them coming in and out of these kind of closed-door planning meetings. he said they've been here since 9:00 a.m. they plan to work all day and we may see his boss, senator mcconnell, later today. that shows us kind of where...
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house speaker john boehner will see his salary increase to more than $224,000. and senate majority leader harry reid will take home an annual pay of $194,000 after his raise. so those guys are getting a raise. and if you are counting on a tax refund in the next few weeks, the fiscal cliff could force you to wait just a little bit longer than usual. >>> checking our top stories. the nation is now 14 hours away from the fiscal cliff. sources tell us vice president joe biden and senate minority leader mitch mcconnell talked through the night and vow to keep these negotiations going on today. the gridlock in washington could also hold up your tax refund. you might have to wait until late march to file if congress does not approve a short-term fix for the alternative minimum tax in the next few days. same issue two years ago delayed the opening of tax season by four weeks to mid-february. >>> former president george h.w. bush is still in a houston hospital but no longer in intensive care. bush was moved to regular patient room on saturday to continue his recovery. th
house speaker john boehner will see his salary increase to more than $224,000. and senate majority leader harry reid will take home an annual pay of $194,000 after his raise. so those guys are getting a raise. and if you are counting on a tax refund in the next few weeks, the fiscal cliff could force you to wait just a little bit longer than usual. >>> checking our top stories. the nation is now 14 hours away from the fiscal cliff. sources tell us vice president joe biden and senate...
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the president and the vice president, they're going to meet with house speaker john boehner, minority leader nancy pelosi, senate majority harry reid and minority leader mitch mcconnell. that is happening this afternoon. jessica yellin is there. jess, what do we know about the president's plan to get everybody in the same room? do we think there's going to be something that comes out of this? >> reporter: well, this is one of those cases where we really are going to have to wait and see, and all the parties involved are also going in with a big question mark. the idea is the expectation by many of the participants in the meeting is that they hope that they will be able to discuss more details about a scaled-down fiscal cliff plan. and maybe that could lead to some sort of agreement ideally for all parties in which all the senators say that they will not filibuster it, and it can go to a vote. and then speaker boehner could, in theory, agree to bring it to a vote on the house floor after the house comes back on sunday. and then we would get all of this behind us before new year's eve.
the president and the vice president, they're going to meet with house speaker john boehner, minority leader nancy pelosi, senate majority harry reid and minority leader mitch mcconnell. that is happening this afternoon. jessica yellin is there. jess, what do we know about the president's plan to get everybody in the same room? do we think there's going to be something that comes out of this? >> reporter: well, this is one of those cases where we really are going to have to wait and see,...
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so far speaker john boehner has refrained from endorsing the agreement. >>> the prognosis is good for secretary of state hillary clinton. she is being treated in a new york city hospital for a blood clot for a vein in her head. the clot was discovered sunday in a follow-up exam for the concussion she suffered after a fall in her home last month. she did not suffer neurological damage and is expected to make a full recovery. >>> from nato to afghan control will begin in two months, aiming to cover 90% of the country's population. the transition that began in early 2011 is supposed to give afghan forces full responsibility for security by the end of 2014, when most nato troops will have withdrawn. >>> following a day of bloodshed. 23 people were killed and 87 people wounded in the day of attacks. most killed were religious pilgrims on their way to the holy city. >>> in a surprise speech today, kim jong un called for an end of conflict between the two koreas. the first in 19 years by a north korean leader. tensions have risen to their highest level in decades after the north bombed a sou
so far speaker john boehner has refrained from endorsing the agreement. >>> the prognosis is good for secretary of state hillary clinton. she is being treated in a new york city hospital for a blood clot for a vein in her head. the clot was discovered sunday in a follow-up exam for the concussion she suffered after a fall in her home last month. she did not suffer neurological damage and is expected to make a full recovery. >>> from nato to afghan control will begin in two...
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i don't know if john boehner and mitch mcconnell are in sync on believing that the tax issue should completely be taken off the table. if there's no deal today, they'll cut taxes in three days when there's a new congress. >> focusing back on the senate, how important is vice president biden? >> the only person with any sort of warm relationship with mitch mcconnell is joe biden. the president doesn't have one. harry reid and mitch mcconnell do have one, it's on again, off again, but it can deteriorate quickly as we saw yesterday. biden is important. if there's anybody with a personal relationship in the white house -- if you can fault the white house for one big thing, it's the lack of developing a personal relationship with mitch mcconnell, between the president and him. there is one between joe biden and him. >> chuck todd, thanks. >> you got it. >>> let's get to the morning's other top stories. andrea canning is in for natalie at the news desk. good morning. >> good morning. and happy almost new year's to you. and happy new year's to you at home. authorities are hoping to speak with a serio
i don't know if john boehner and mitch mcconnell are in sync on believing that the tax issue should completely be taken off the table. if there's no deal today, they'll cut taxes in three days when there's a new congress. >> focusing back on the senate, how important is vice president biden? >> the only person with any sort of warm relationship with mitch mcconnell is joe biden. the president doesn't have one. harry reid and mitch mcconnell do have one, it's on again, off again, but...